Before we start pulling out the stoic Game of Thrones memes, winter is coming. It's October, and seasonality is going to impact the price of crude oil. Historically, crude prices under-perform from September to January: -.04% (Sept.), -1% (Oct.), -1.2% (Nov), -.5% (Dec.) and -.7% (Jan.). If the 20-year historical seasonality holds true, oil bulls may be in...
Say what you want about Bitcoin but it still beats out the risk in investing on traditional markets where rampant debt and risky products have over run the market not to mention volatile political situations. In math we trust
Wanted to publish this prediction yesterday, but did not have enough time. Looks like we see double bottom, so stay in "Long"!
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Bitcoin Bullish reversal?? Think again!! Bitcoin has broken an important support line and the next support line is around the @4500 level. From my experience trying to buy this on its way down it trying to catch a falling knife. If your desperate and want to buy into bitcoin, at least wait until Bitcoin has consolidated...
The Shanghai index set a new low this year bottomed out at 2443.00 last Monday. Where price has surged nicely last week, ending the week with 5.5% gain. Now price has been trading just underneath key resistance for just a day now. With US election coming out bullish for the US market, the only major concern now in the global market is trade war. Trade Step-ups:...
We've seen quite the downtrend on BABA since Spring/Summer '18 and I think a lot of people are wondering when it will end. I think a turnaround will happen sooner than later. Following a bullish divergence on the 1Hr we had earnings that slowed our roll. With a "not-so-great" guidance from the online giant, we fell again to our last support. But what I'm seeing...
On October 30, I published "Stronger Dollar Themes To Continue" for my subscribers, which gave a unique approach to why the dollar is rallying even tho traders foresee Fed policy getting dovish: credit spreads. "Now, when comparing credit spreads to the financial crisis it doesn't seem to be "that big." Combine record U.S. corporate debt, a highly distorted...
Update to the original post. Since the Hang Seng Index EWH hit the upper bound in January 2018, it has since dropped as much as 22%. Shorting from the point of touching the upper bound would have beaten the market significantly this year across all indexes. Current situation We currently bounced off a resistance line, the same one we bounced off after...
This pairing has been unable to break above the $7 dollar resistance - rejected in Dec 16' and again in Oct 18'. I will be looking at a short position after technical and fundamental factors have lined up in favour of this direction. The US Mid-term elections have softened the dollar rally that began just before summer 2018. However, I will not be opening any...
Crude continues to crash, but that's no surprise to me. I've been warning of where oil would be heading as headline inflation and broader macro data continue to decelerate. "Global synchronized recovery" turns to "Global synchronized margin call." The real-time market commodities + FX components in are now down over 15 percent since early October with crude being...
CMT has been accumulating for long time now and should breakout in coming week. open a position only after it breaksout. Do share your opinion about my analysis and hit a like if you agree with my thoughts.
Recently spotted a huge Bullish Divergence on BINANCE:QKCBTC , it has been trending down for a while now and we do expect a bounce inside the 12H Ichimoku Cloud. Target 1: 0.00000760 Target 2: 0.00000802 Target 3: 0.00000845 Stop Loss: 0.00000676 Disclaimer CryptoCue is not providing individually tailored investment advice and is not taking subscribers...
On of the biggest calls leading into 2018 was to get ahead of the consensus and go bearish on emerging markets, particularly China, Turkey and Brazil. Typically, in higher inflation environments, money flows head to emerging market assets; and it's particularly why EEM has had such a great run since China induced the largest stimulus known to man in 2016. When...
A trusted cryptocurrency news source in China - CnLedger, has reported that merchants can now legally accept cryptocurrency as a method of payment. This seems to be huge news for Bitcoin and cryptocurrency space is general. Just imagine the price of BTC if China will move from fiat currency to cryptocurrency? At the same time perhaps question is not “if” china...
Price is coming to key sell zone 6,9871, Last time the price was near that level year ago. There is a big probability that price will bounce down from 6,9871 because in 80% situations currency rate bounce from such levels. I will open a Sell if the price will make a fake broke 6,9871 and D1 close under it. Push like and Subscribe, if this post will get 50...
Indices globally have been in a downturn as the trade tensions between Trump and China heated up however should we expect some short term relief? The market works in trend and tends to bounce between support and resistance zones. The HK50 (Hang Seng) has reacted from the key weekly support of 25300.00. Looking left you can see how this level has been used...
Indices globally have been in a downturn as the trade tensions between Trump and China heated up however should we expect some short term relief? The market works in trend and tends to bounce between support and resistance zones. The HK50 (Hang Seng) has reacted from the key weekly support of 25300.00. Looking left you can see how this level has been used...